Kenvue (NYSE: KVUE) CPO converts RSUs to stock and withholds shares for taxes

Rhea-AI Filing Summary

Kenvue Inc. Chief People Officer Luani Alvarado reported equity award activity involving restricted stock units and common shares. On the same date, 4,289.080 restricted stock units were exercised or converted into 4,289.080 shares of common stock at a stated price of $0.0000 per share.

Following these conversions, directly held common stock increased to 61,365.220 shares before a separate tax-related transaction. In a related move, 2,094 common shares, valued at $18.25 per share, were withheld to cover tax obligations upon vesting, leaving 59,271.220 common shares directly owned. Restricted stock units outstanding after these events totaled 4,290.220 units, corresponding one-for-one with common stock and vesting in three equal installments through 2027.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Alvarado Luani

(Last) (First) (Middle)

1 KENVUE WAY

(Street)

SUMMIT NJ 07901

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kenvue Inc. [ KVUE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/05/2026		M		4,289.08	A	$0	61,365.22	D
Common Stock	03/05/2026		F		2,094(1)	D	$18.25	59,271.22	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	03/05/2026		M			4,289.08	(3)	(3)	Common Stock	4,289.08	$0	4,290.22(4)	D

Explanation of Responses:

1. Shares withheld for payment of taxes upon vesting of Restricted Stock Units.

2. These units correspond 1 for 1 with the Company's common stock.

3. This award vests in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027, subject to the reporting person's continued service through such vesting date.

4. Includes shares acquired in dividend reinvestment transactions.

Remarks:

	/s/ Alla Berenshteyn, as attorney-in-fact	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Kenvue (KVUE) report for Luani Alvarado?

Kenvue reported that Chief People Officer Luani Alvarado exercised 4,289.080 restricted stock units into common stock and had 2,094 shares withheld to cover taxes. These transactions reflect equity award vesting and tax withholding rather than an open-market purchase or sale.

How many Kenvue (KVUE) shares were acquired through RSU conversion?

Luani Alvarado acquired 4,289.080 Kenvue common shares through the exercise or conversion of restricted stock units at a stated price of $0.0000 per share. These shares correspond one-for-one to the restricted stock units that vested under the company’s equity compensation arrangements.

Why were 2,094 Kenvue (KVUE) shares disposed of in this Form 4?

The 2,094 Kenvue common shares were withheld to satisfy tax obligations upon vesting of restricted stock units, at a value of $18.25 per share. This tax-withholding disposition is coded “F” and does not represent a discretionary open-market sale by the executive.

What are Luani Alvarado’s Kenvue (KVUE) share holdings after these transactions?

After the reported transactions, Luani Alvarado directly owned 59,271.220 Kenvue common shares and 4,290.220 restricted stock units. The filing notes these units correspond one-for-one with Kenvue common stock and continue to vest over time, subject to ongoing service conditions.

How do Luani Alvarado’s Kenvue (KVUE) restricted stock units vest?

The restricted stock unit award vests in three equal installments on 03/05/2025, 03/05/2026, and 03/05/2027. Vesting is conditioned on Luani Alvarado’s continued service with Kenvue through each vesting date, aligning long-term equity incentives with ongoing employment.

Are dividend reinvestments included in Luani Alvarado’s Kenvue (KVUE) holdings?

Yes. The Form 4 notes that the reported share totals include Kenvue common shares acquired through dividend reinvestment transactions. This means reinvested dividends have incrementally increased the executive’s direct holdings over time as part of the company’s dividend reinvestment arrangements.